European Lender Bondora Expecting to Set New Record for Q1 Originations

Even though working hard is their motto, Bondora also loves celebrating “big” moments, “small wins,” and all the “good stuff in between.”

In March 2022, Bondora had celebrated 14 years of launching operations. They thank their clients and everyone who has been part of their journey. They are thankful for the “wonderful 14 years and incredibly excited about the years to come.”

On Women’s Day, the gentlemen of Bondora “showed their appreciation for [their] wonderful women with flowers, cake, and a thoughtful gift.” It was “a wonderful surprise, and everyone loved it.”

The team at Bondora also did their first ever LIVE Q&A session of 2022. As noted in an update, these sessions are “a great way to connect investors with Bondora directly.” Investors sent their questions to Pärtel (the company CEO), who “answered them on the live YouTube video.” If you missed it, you can view the live recording here.

And speaking of Pärtel, their CEO and Founder was their blog superhero for March. Everyone found out “more about how his personal experience gave him the idea for Bondora, his most significant learning curves, and more.”

Bondora also noted that if you’ve ever met someone who is a “real-life” Wonder Woman, then you’ve probably met Mirjam Palvadre. Her drive, passion, and dedication “are truly inspiring.”

And so, it should “come as no surprise that she won the coveted title of Employee of the Year 2021.”

Bondora further noted that they are “proud to stand with the brave people of Ukraine.” They have “helped to provide relief for those who need it most, and we continue to strive to stand by them in their hour of need.”

If you want to contribute or find out how to help the people of Ukraine, then “feel free to contact [Bodnora] via their support site or visit for more information.”

In January 2022, 4,714 investors joined Bondora – “higher than any month in recent years.”

The collection and recovery team “recovered €920,640 in January alone.”

And Bondora now claims that they will “likely set a new record for Q1 originations.”

The yearly return rate for 2021 also “continues to outperform this month’s target rate by 5.6%.” Their quarterly performance is “also looking strong, with all four quarters of 2021 performing above their target rates.”

After considerable increases from the previous month, all three markets “are now exceeding their target rates for 2021 Q4.”

The yearly portfolio performance “continues to perform well.” The actual overall yearly return rate for 2021 “increased by 0.1% again, outperforming the target rate by 5.6%.” All three markets (Estonia, Spain, and Finland) “increased their performance and exceeded their targets.”

As Bondora observed last month, 2020 originations “continue to decline slightly, this month by a collective 0.2%.” However, despite the decline, “it exceeds its target rate by 3.2%.” The robust Estonian portfolio “outperforms its target by 8.6% and subsequently carries the collective 2020 performance.” The Finnish and Spanish portfolios “are both below their target rates.”

Bondora concluded:

“2022 continues on strong performances from all 3 markets. From 2020 Q2 until 2021 Q4, our quarterly performances exceed target rates. The yearly return rates for 2021 also outperformed the target rate by 5.6%. The Estonian portfolio performance remains a force to be reckoned with, and the Finnish portfolio is gaining impressive momentum.”

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